BitGo
Hedera has launched Wrapped Bitcoin (WBTC) on its network with BitGo acting as custodian, allowing BTC holders to access Hedera-based DeFi without selling their coins. The move aims to deepen cross-chain liquidity and broaden on‑chain yield options in the HBAR ecosystem.
BitGo confirmed a temporary disruption on the XRP Ledger after an exchange wallet ran out of balance and automated scripts kept submitting payments, producing thousands of failed transactions and network congestion. The custodian says it has begun mitigation while queues clear.
A BitGo-controlled wallet generated a large number of failed payment transactions on the XRP Ledger, sharply increasing on-chain activity and drawing attention from blockchain watchers.
WazirX is restarting trading on October 24, 2025, after a year-long shutdown due to a $230 million hack. It will offer zero trading fees at launch and enhanced security through partnership with BitGo, aiming to restore trust within India's crypto community.
WazirX plans to resume operations following Singapore High Court approval of its restructuring plan. The exchange, which faced a $230 million hack in 2024, will compensate affected users and enhance security with a partnership with BitGo.
FTX, the bankrupt crypto exchange, is set to begin another round of creditor repayments on September 30, 2025, after repaying nearly $6.2 billion. Former CEO Sam Bankman-Fried has been sentenced to 25 years in prison for fraud and conspiracy. The upcoming payments will be distributed via BitGo, Kraken, and Payoneer, with the disputed claim reserve reduced to $4.3 billion.
BitGo has filed for its IPO on the NYSE under ticker BTGO, projecting over $4 billion in revenue for the first half of 2025 and managing $90 billion in crypto assets. Despite a drop in net income, the company shows strong growth and plans to use IPO funds for tech improvements and acquisitions.